Bank Mayora opted to postpone its plan to launch the initial public offering (IPO) in 2019, amid concern over global uncertainty and political factor (general election of president and legislative members). Bank Mayora booked net profit of Rp22.9 billion in first half (H1) of 2018, higher than Rp19.9 billion in H1 last year. Net interest income rose 6% to Rp140 billion from previous Rp132 billion. Its assets reached Rp6.6 trillion of which credit accounted for Rp3.77 trillion, down 3% year on year (y/y).
